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Molten Ventures ( (GB:GROW) ) has shared an announcement.
Molten Ventures plc announced a share repurchase program, where 50,000 ordinary shares were bought back at an average price of 319.9549 pence per share, highlighting its continued effort to manage its capital structure effectively. This transaction, carried out by Deutsche Numis, aligns with the company’s strategic focus on enhancing shareholder value and maintaining its position in the market, potentially impacting the voting rights and shareholding notifications for stakeholders.
More about Molten Ventures
Molten Ventures is a leading European venture capital firm focused on developing and investing in disruptive, high-growth technology companies. The firm supports visionary companies through capital, knowledge, experience, and relationships, aiming to foster the entrepreneurs who will shape the future. Molten Ventures has a diverse portfolio with investments in more than 100 companies, including core portfolio holdings like Revolut and Thought Machine. The firm invests across four sectors: Enterprise Technology, Hardware and Deeptech, Consumer Technology, and Digital Health and Wellness.
YTD Price Performance: -3.61%
Average Trading Volume: 458,337
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £598.9M
Find detailed analytics on GROW stock on TipRanks’ Stock Analysis page.
